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News Article

CTT Logistics Corridor Becomes Mexico’s Logistics Hub

By Pamela Benítez | Wed, 12/08/2021 - 16:08

The Cuautitlan-Tultitlan-Tepotzotlan logistics corridor located in Mexico’s biggest industrial hub, has now become the most important in the country, concentrating large logistics and distribution centers for multiple industries, low-time delivery and a growing e-commerce client base.

"Developers continue to bet on having investments in this corridor because its location significantly facilitates logistics and distribution activities, an area where an estimated 20 percent of the country's population lives," reports Datoz, a commercial real estate data provider in Mexico.

The Cuautitlan-Tultitlan-Tepotzotlan (CTT) logistics corridor is located within the 14.3 million square meters of gross rentable area in the Valley of Mexico, considered the biggest industrial region in the country that holds eight other corridors: Centro, Coacalco, Huehuetoca Zumpango, Iztapalapa, Naucalpan, Tlalnepantla, Toluca and Vallejo Azcapotzalco.

However, the CTT stands out for hosting important logistics and distribution centers, situated in a strategic location that allows low-time deliveries due to the final consumer’s closeness and a growing e-commerce client base that occurred after the COVID-19 pandemic boosted new digital market tendencies.

In fact, during the 3Q21 the e-commerce and distribution companies that the CTT services managed to make up 25 percent of its market with clients such as Amazon, Mercado Libre, DHL and Estafeta.

“The Cuautitlan, Tultitlan and Tepotzotlan region concentrates 80 percent of the industrial warehouses of the Valley of Mexico’s market. Its gross absorption recorded from January to September 2021 was 590,438 square meters, representing 71 percent of the gross absorption recorded in the entire market of the region, which had a significant rebound, since in this period 836,128 square meters were marketed, 5 percent higher than that recorded during the entire 2020," reads Datoz’s report.

On the other hand, logistics companies have increasingly demanded spaces down the CTT corridor a well, with 2020 being the year when the highest absorption was accumulated with a total of 262,375 square meters, servicing clients like Henco Global, Dicka Logistics, Geodis Mexico and Ceva Logistics.

The corridor offers logistics companies a greater number of platforms per occupied surface area, clear height above 9 meters and ample maneuvering yards. In addition, the CTT is planning five expansion projects including two industrial parks, adding 352,207 square meters to the inventory. The constructions are expected to begin in 2022.

The data used in this article was sourced from:  
Datoz, El Economista
Photo by:   David McBee, Pexels
Pamela Benítez Pamela Benítez Junior Journalist & Industry Analyst